Europe Paper and Paperboard Trays Market Analysis and Opportunities by 2028

Europe Paper and Paperboard Trays Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Virgin Fiber and Recycled Fiber) and Application (Food and Beverages, Consumer Electronics, Personal Care and Cosmetics, Healthcare, and Others)

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028
  • Status : Published
  • Report Code : TIPRE00025874
  • Category : Chemicals and Materials
  • No. of Pages : 104
  • Available Report Formats : pdf-format excel-format
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Europe Paper and Paperboard Trays Market Analysis and Opportunities by 2028
Report Date: Nov 2021   |   Report Code: TIPRE00025874 Email: sales@theinsightpartners.com
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The Europe paper & paperboard trays market is expected to grow from US$ 1,155.42 million in 2021 to US$ 1,658.87 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.  



Rapid urbanization, higher disposable incomes, and busy work life are resulting in a greater preference for western dietary patterns amongst consumers. The growing demand for flexible paper packaging due to the rise in consumer awareness regarding harmful effects of plastic on the environment is yet another factor fueling the growth of the market in emerging regions. The need for flexible paper packaging has been increasing because of growth in population, rise in income levels, change in lifestyles, increase in internet penetration, and surge in development of the economy. Surge in the transit packaging sector, combined with growing consumerism, leads to a rapidly increasing demand for paper and paperboard trays. Along with this demand for paper packaging, the demand for recycled paper is also increasing. Rapidly escalating populations in some countries translate into increased consumer spending on consumer goods, exposure to modern retail channels, and aspiration among the middle-class populations to adopt various brands and shopping habits. These trends will further create lucrative opportunities for paper and paperboard trays in the market.

The UK reported the highest number of COVID-19 confirmed cases across Europe, which led to the discontinuation of several businesses, such as paper & paperboard trays manufacturing activities. Also, due to the outbreak, most countries declared a health emergency and stopped unessential movements, thus impacting heavily on the supply chain of goods. Manufacturing facilities hustled to make changes due to the implementation of social distancing norms, which cased disruptions and slowdowns on throughput. Paper and paperboard industry may continue to see weak or broken links in their supply chains, which, in turn, would negatively affect the paper & paperboard trays market growth in the coming years.

With the new advancements and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Europe paper & paperboard trays market. A growing consumer preference for greener packaging solutions drives heavy investments in the paper and paperboard trays market, which is allowing manufacturers to introduce a more comprehensive range of paper tray designs. In 2021, Klabin, a producer and exporter of paper for packaging purposes, announced the investment of USD 40 million in technologies technology to improve the application of sustainable barrier in paperboard. The sustainable solution, that offers a barrier to water, water vapor and grease directly at the mill and is available on an industrial scale, retains the original recycling and composting characteristics of paper, while offering a more sustainable alternative to the options currently available. In 2020, Iggesund Paperboard launched Inverform, a new, sustainable paperboard alternative to plastic food trays. Inverform has an exceptional formability, and it has been developed explicitly for pressed and folded trays used in food packaging. Such investments in paper and paperboard trays market are driving the market growth.
 paper and paperboard trays market
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Europe Paper & Paperboard Trays Market Segmentation

  • Europe Paper & Paperboard Trays Market – By Material
    • Virgin Fiber
    • Recycled Fiber
  • Europe Paper & Paperboard Trays Market – By Application
    • Food and Beverages
    • Consumer Electronics
    • Personal Care and Cosmetics
    • Healthcare
    • Others
  • Europe Paper & Paperboard Trays Market – By Country
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe

Europe Paper and Paperboard Trays Report Scope

Report Attribute Details
Market size in 2021 US$ 1,155.42 Million
Market Size by 2028 US$ 1,658.87 Million
CAGR (2021 - 2028) 5.3%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Material
  • Virgin Fiber and Recycled Fiber
By Application
  • Food and Beverages
  • Consumer Electronics
  • Personal Care and Cosmetics
  • Healthcare
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Huhtamaki
  • Mondi
  • Hartmann
  • International Paper
  • PaperTech
Vrushali Bothare
Manager,
Market Research & Consulting
Vrushali is a senior consultant with over 7 years of experience in the Chemicals & Materials industry, with deep domain expertise across specialty chemicals. She holds a Bachelor's degree in Chemistry and a Master's degree in Management, enabling her to combine strong technical acumen with strategic business insight. Her experience spans multiple sectors, including chemicals, food & beverage, and consumer goods, with expertise in functional ingredients, renewable chemicals, feed, and agrochemicals. She has successfully supported clients through market expansion, business growth, and operational transformation initiatives. Vrushali is recognized for her strong capabilities in client conversion, stakeholder management, and leading high-performing teams. She has consistently driven operational efficiency and productivity improvements through a structured, results-oriented approach. Her ability to bridge technical expertise with commercial strategy enables her to deliver impactful solutions tailored to client needs across complex and evolving markets.
  • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
  • PEST and SWOT Analysis
  • Market Size Value / Volume - Regional, Country
  • Industry and Competitive Landscape
  • Excel Dataset

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Page Updated: Nov 2021